NWM Advisors LLC Acquires New Shares in Uber Technologies, Inc. $UBER

NWM Advisors LLC acquired a new stake in Uber Technologies, Inc. (NYSE:UBERFree Report) in the fourth quarter, Holdings Channel.com reports. The firm acquired 35,318 shares of the ride-sharing company’s stock, valued at approximately $2,886,000. Uber Technologies makes up approximately 2.5% of NWM Advisors LLC’s portfolio, making the stock its 12th biggest position.

A number of other hedge funds have also recently made changes to their positions in UBER. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Uber Technologies by 129.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,375,851 shares of the ride-sharing company’s stock valued at $776,883,000 after purchasing an additional 5,293,822 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Uber Technologies by 4,471.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,966,828 shares of the ride-sharing company’s stock valued at $290,660,000 after purchasing an additional 2,901,936 shares in the last quarter. C WorldWide Group Holding A S purchased a new position in shares of Uber Technologies during the 3rd quarter valued at $173,776,000. Vanguard Group Inc. grew its position in shares of Uber Technologies by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 192,499,602 shares of the ride-sharing company’s stock valued at $15,729,142,000 after purchasing an additional 1,670,761 shares in the last quarter. Finally, Danske Bank A S purchased a new position in shares of Uber Technologies during the 3rd quarter valued at $151,979,000. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on UBER. DA Davidson boosted their price target on shares of Uber Technologies from $105.00 to $107.00 and gave the company a “buy” rating in a research report on Wednesday. Stifel Nicolaus reduced their price target on shares of Uber Technologies from $122.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Guggenheim restated a “buy” rating and set a $125.00 price target on shares of Uber Technologies in a research report on Monday, April 27th. Canaccord Genuity Group set a $72.00 price target on shares of Uber Technologies in a research report on Thursday, February 5th. Finally, Truist Financial boosted their price target on shares of Uber Technologies from $108.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $105.40.

Read Our Latest Stock Analysis on Uber Technologies

Uber Technologies News Roundup

Here are the key news stories impacting Uber Technologies this week:

Uber Technologies Stock Performance

Uber Technologies stock opened at $75.50 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $153.69 billion, a PE ratio of 18.83, a P/E/G ratio of 5.78 and a beta of 1.16. The firm has a fifty day simple moving average of $74.17 and a two-hundred day simple moving average of $80.81. Uber Technologies, Inc. has a twelve month low of $68.46 and a twelve month high of $101.99.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The business had revenue of $13.20 billion during the quarter, compared to the consensus estimate of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Research analysts expect that Uber Technologies, Inc. will post 3.28 EPS for the current year.

Insider Buying and Selling at Uber Technologies

In other news, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average cost of $71.25 per share, with a total value of $1,599,776.25. Following the completion of the purchase, the chief financial officer owned 28,742 shares in the company, valued at approximately $2,047,867.50. The trade was a 357.02% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Nikki Krishnamurthy sold 30,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the transaction, the senior vice president directly owned 460,756 shares of the company’s stock, valued at approximately $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.81% of the company’s stock.

About Uber Technologies

(Free Report)

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.

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Want to see what other hedge funds are holding UBER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Uber Technologies, Inc. (NYSE:UBERFree Report).

Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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